This Key Data Metric Shows Bitcoin is “Significantly Undervalued” at Current Price Levels

2020 has been a turbulent year for Bitcoin and the aggregated cryptocurrency market, with the benchmark digital asset rallying to highs of $10,500 before facing a massive selloff that led its price to crater to lows of roughly $3,800.
This capitulatory selloff has been followed by an intense rebound over the past few days, which has been further extended today as the crypto raced to highs of $6,900.
Now, one key data metric is suggesting that Bitcoin is highly undervalued despite its rebound fro